The Hackett Group

U.S. Companies See Worsening Performance Of Payables, Collections and Inventory in Q2 2023 - Seite 2

According to The Hackett Group Director James Ancius, “Looking at the overall survey, it’s highly unusual to see all three elements of working capital degrading at the same time. It’s clearly a sign that companies are not highly focused on working capital management. On payables, we’re now seeing even more evidence that the leverage has shifted from the buyer to the seller. Supply assurance has become more important to buyers, and pricing is more critical to them than payment terms. We believe we’ll likely see payables performance at large companies continue to degrade over the coming year.”

The Hackett Group Director István Bodó added, “The significant degradation in inventory performance was also a bit surprising. The balance is likely to change in the second half of 2023, with gas exports picking up. But we’re also seeing increases in inventory in areas like recreational products, which is likely tied to reduced consumer demand, and could be an indication of future softening.”

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The Hackett Group, Inc. (NASDAQ: HCKT) is a leading benchmarking, research advisory and strategic consultancy firm that enables organizations to achieve Digital World Class performance.

Drawing upon our unparalleled intellectual property from more than 25,000 benchmark studies and our Hackett-Certified best practices repository from the world’s leading businesses – including 97% of the Dow Jones Industrials, 93% of the Fortune 100, 73% of the DAX 40 and 52% of the FTSE 100 – captured through our leading benchmarking platform Quantum Leap and our Digital Transformation Platform, we accelerate digital transformations, including enterprise cloud implementations.

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